New cloud services company Redcentric launched as Redstone demerges managed services business

New cloud services company Redcentric launched as Redstone demerges managed services business

08 April 2013

Redstone Group has today announced the demerger of its network-based managed services business to a new company, Redcentric. The group's infrastructure solutions division will continue to trade as Redstone.

From today, Redcentric will trade as a focused managed services business delivering network services, Infrastructure as a Service, Software as a Service, and a range of other hosted services including collaboration, Desktop as a Service, IP telephony and Video as a Service.

Redcentric and Redstone will operate as two separate entities strategically, operationally and financially and with separate management teams.

Fraser Fisher, Chief Operating Officer of Redcentric said: "Following Redstone's acquisition of Maxima it was clear that we had two compelling yet distinct propositions, and with that two core client bases with differing requirements and virtually no overlap.

"Just as we realise it's not 'one size fits all' for our customers, the same can be said for ourselves. Our new structure allows for the two distinct businesses to operate independently, play to their strengths and innovate according to their unique needs. There will be no impact on our customers.

"I am delighted to introduce Redcentric to the market and look forward to introducing our customers to our vision of how our services can continue to help their organisations."

Brendan Loughrey, Managing Director of Redstone said: "For the Redstone team it's very much business as usual as we continue to deliver infrastructure solutions.

"We have a great list of customers - particularly in the financial services space - and that's because we have built an enviable reputation in project delivery thanks to our investment in people and partnerships.

"We're pleased to continue under the well regarded Redstone brand. But with the demerger we now have an opportunity to better convey the breadth and depth of expertise we have in infrastructure, data centre infrastructure, support services and smart buildings."